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  • Election Of Retirement Option Form - Arizona State University

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NUMBER HOME ADDRESS (No., Street, Apt.) CITY, STATE, ZIP HIRE DATE JOB TITLE WORK TELEPHONE ASU ID NUMBER DEPARTMENT EMAIL ADDRESS PRESENT STATUS CURRENT RETIREMENT PLAN (WITH ASU OR PREVIOUS EMPLOYER) None Arizona State Retirement System AGENCY OR INSTITUTION WHERE INITIATED Other SPECIFY: MONTH/YEAR INITIATED ELECTION: I am satisfied with my understanding of the retirement programs available to me, and pursuant to the law in connection with my employment at Arizona State Universi.

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When can I retire? Any member can retire at 65 years old, but you can retire with a reduced benefit as early as 50 years old as long as you have 5 years of service credits.

The average annual benefit to retirees is approximately $21,100.

Yes; membership in the ASRS is mandatory if you work for employers who are part of the ASRS and meet membership criteria. A couple of exceptions: 65+ Waiver. If you're new to the ASRS and 65 or older on your first day of employment, you can waive ASRS membership.

Retirement Eligibility Members can retire with a lifetime benefit as early as age 50 once they have acquired 5 years of service credits. Because retirement benefits are based on "normal" retirement rules, a member who takes an early retirement will receive a reduced benefit for their lifetime.

The university has a comprehensive retirement program to assist faculty and staff in accumulating wealth and ensuring financial security at the end of their careers. The program offers multiple retirement plans and free financial education on campus and retiree benefits when retiring from ASU.

Normal retirement is defined as either (1) reaching age 65, (2) reaching age 62 along with at least 10 years of ASRS service credit, or (3) earning at least 80 points.

ASU retirement eligibility Be at least age 50 or age 41 if you are a Public Safety Personnel Retirement System member. Complete at least five years of continuous, full-time employment in the Arizona University System immediately preceding retirement.

ASRS retiree pensions are calculated based on years of service, the retiree's average monthly compensation, and a graded multiplier. For a more detailed look, visit Estimate Your Benefits.

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© Copyright 1997-2025
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232